Levin on Closing Carried Interest Loophole

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Feb. 4 (Bloomberg) -- U.S. Representative Sander Levin, a Michigan Democrat, talks about his push to close tax loopholes that target corporate deductions for stock options and rates on investment known as carried interest. Levin also discusses automatic federal spending cuts scheduled to begin March 1. He speaks with Peter Cook on Bloomberg Television's "Money Moves." (Source: Bloomberg)